All in all you can say whatever bad you want about AMD but Hector has been the guiding hand behind AMD since the 486dx2 80 days and all through tHE k6, k6-2, k6-3, and Athlon days. 

Hector has done a fabulous job until now catching and even passing Intel with the X2 CPU's

Obviously the ball got fumbled with the Phenoms and the finger pointing will go on for some time. 

But based on Hector's past performance I am willing to give him a break and see if he can rally the situation.

Is this really what we call "freedom" ? This kind of elite's arrogance was the reason why we in eastern Europe have kicked communists out of power, hoping that your way is more just. Now I am in doubt.

I sure hope that Dr. Ruiz has trouble sleeping at night. 

As he has asked us at AMD to walk our fellow coworkers out the door on more than one occasion because we can no longer maintain a staffing at the levels we currently are, I certainly cant believe that he is sucking down 3M in bonuses for a years worth of work. I ask you Hector - where are our bonuses? Why are you riding your golden parachute to another company that Im sure you will royally F. up.

Terrible. Hector should be ashamed of himself as well as the board.

I assume the bonus and the $11 million salary is so he can run the Foundry Co. as well as he did AMD and Motorola. Both of which are in the crapper, and soon to be joined by the Foundry Co.

An appropriately slimy exit for Hector Ruinz...

What the hell are you talking about?

As if you were in Ruiz's position you would decline the bonus??

Be all you can be! wanna give me 3 million more? uhm...gee...I dunno...maybe I would break down in tears, thinking about all the inhumanities caused to people world wide...

OR

Grins from ear to ear & laugh all the way to the bank.

I call bastage !!!

/vomit

If he leaves/is terminated earlier for "reasonable causes" (or some other legal jargon). He gets the 2 year salary and bonus.

So i guess unless Hector is caught surfing for porn on the internet, he will pretty much get 11Mil no matter what! 

Say what you will, but you gotta love the cajones!

Might as well just cut the check now and be done with him - AMD/foundry would be better off.

Guess what, Rich Evans, you are absolutely right. Just talk to anyone that works at ATI/AMD. Bloody slave-driving sweatshop. More layoffs so CEO get their raises! Less staff, even more work for existing staff! Existing staff become Exiting staff! Why, it's just one less "s"! Excellent stuff.

That's a pretty big payout for the CEO of a money losing company that's executed pretty badly in the past 1+ year.

If anyone thinks he really deserves that much money, how many tens of millions does Otellini for being far more successful in his leadership of Intel?

"Obviously Ruiz must think the credit crunch is a cereal bankers eat at breakfast."

Congratulations Sylvie :-) :-) :-)

That's the best line I heard! Plus indeed, it seems that this crunch is a very tasty one for those who know how to prepare it.

¡Nunca dejar que se dice que El ingenioso hidalgo don Quijote de la Mierda es un rojo encabezados por hijastro!
DAMMIT ¡Maldita sea! Alguien obtener Fudo en la línea inmediatamente pronto...

So he gets a bonus after driving the company into the ground? Is this how things work in America? By rewarding bad management?

Congratulations Mr.Hector Ruiz!
I Wish you a Merry Christmas and a happy New Year!!

Money, money, money
Must be funny
In the rich mans world
Money, money, money
Always sunny
In the rich mans world
Aha-ahaaa
All the things I could do
If I had a little money
Its a rich mans world

Indeed.

When exec's start fleecing a company it means they know it's doomed and they take what they can while the taking is good. It's what the banks, SLs and governments do. The only surprise here is that it's AMD thats choking on it's heads. 

To bad stock holders don't vote on exec pay this kind of internal rape, he would be out the door and AMD would be a stronger company.

This is how things work with big companies. Joe Schlub might lose his $10/hr job, and the Chairman gets $10 million in bonus money for getting rid of him.

It would be refreshing to see a company that limits the amount that management makes to something half-reasonable. Who *truly* needs to earn 11 million/year in SALARY?! Oh yeah, someone who's stock options are in the crapper because he's ruined the company to begin with.